Business Definition for: AAAA spot contract
AAAA spot contract
standardized contract prepared by the
American Association of Advertising Agencies
and used by a national advertiser in the purchase of radio or television commercial time on a market-by-market basis (as compared to a
network buy
). The contract is generally drawn between the advertising agency and the
spot television
supplier and specifies the terms of the purchase, such as the number of
spots
(commercials), the times they'll be shown, the cost, and the specific time period (i.e., a week, a month, 6 weeks, or 13 weeks).
See also
market-by-market buy
Related Terms:
method of purchasing commercial time on broadcast stations, where the time is bought in one market (geographical area) at a time, as opposed to a network buy, where the time is bought all at once on all the stations affiliated with the network throughout the region or country. Although a market-by-market buy is more time-consuming, advertisers will purchase commercial time on this basis when they want to direct the advertising only to specific markets. Also, a judicious media buyer can often make a more economical purchase of time in a market-by-market buy.
Referring Terms:
Copyright c 2000, 1994, 1987 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.